Join us to network with other business leaders and hear from Dr. Scott Niederjohn from Lakeland University on how your business can improve its bottom line by avoiding every company’s most common and avoidable mistake: irrational decision making.
About The Breakfast
Topic: Financial Decisions: Can Behavioral Economics Help Us Make Better Choices?
Are you an investor looking for an economic edge for making better decisions in your personal or business finances? Behavioral economics has been in the spotlight since Richard Thaler won the Nobel Prize in Economics in 2017. Thaler and his colleagues found that investors often make irrational decisions that are not in their self-interest—these are avoidable errors! It turns out that even institutional investors are subject to biases, similar to those of retail investors.
This presentation will cover the following topics:
- Role of behavioral economics
- A thought experiment: The Ultimatum Game
- Cognitive biases that impact financial decisions
- How to avoid these mistakes and make the most of your financial resources
Scott Niederjohn, Ph.D., MBA
Scott Niederjohn holds a Ph.D. in economics from the University of Wisconsin-Milwaukee and an MBA with an applied economics concentration from Marquette University.
Alicia La Hoz, PsyD
Alicia La Hoz, PsyD, is a licensed clinical psychologist. She is the founder and director of Family Bridges, a nonprofit organization focused on marriage and relationship education.
Your sponsorship of the event will help families stay together. Please click here to see sponsorship opportunities. If you have questions about a sponsorship opportunity, please contact Christopher Browne at 708-524-1600 ext. 222 or firstname.lastname@example.org